BUENOS AIRES – President Javier Milei on Friday announced that he would lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new ...

By Reuters | May 16, 2025, at 6:12 a.m. ... Reuters A pedestrian walks past a currency exchange office, in downtown Buenos Aires, Argentina May 8, 2025. REUTERS/Agustin Marcarian By Leila Miller ...

What are currency controls? First implemented in 2011 during the populist administration of then-President Cristina Fernández de Kirchner, the half-dozen critical regulations limit access to ...

Argentina’s central bank repurchased the majority of put options from financial entities Thursday, bringing President Javier Milei one step closer to lifting currency controls. Private banks and ...

But things have changed since Milei took office in December 2023. His government maintained currency controls and cut spending, turning the budget deficit into a surplus and thus removing the need ...

The reason: currency controls, brought in by Hugo Chávez in 2003, which severely limit the amount of foreign currency that Venezuelans are legally able to purchase from the government.

BEIJING, Sept. 3 -- China's rebuff this week of foreign entreaties to allow the value of its currency to rise in part reflects the government's deep desire to protect the nation's booming growth ...

The libertarian government of President Javier Milei on Friday announced that it would lift most of the country’s strict capital and currency controls on Monday, a high-stakes gamble made ...

When announcing the removal of exchange controls Economy Minister Luis Caputo insisted it was "not a devaluation." "The truth is, we don't know where the dollar will end up," he said. Milei's team ...

Argentina has no shortage of challenges ahead. Chief among them is a lingering concern that lifting currency controls could trigger a run on the peso and fan inflation, whose total elimination ...